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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: James Clarke who wrote (10990)7/25/2000 10:45:58 AM
From: Wallace Rivers  Read Replies (1) | Respond to of 78523
 
Anyone here own SWS (which I've owned off and on several times)? Considering re-entry.

Evidently, a very large short position (IMHO such buying power is bullish), plus Bear Stearns is still advising them on a possible (repeat possible) buyout. Negatively, also IMHO, is that Bear has been advising them since March with no action.
SWS just made a purchase of its own, this may be the reason the stock has traded down recently.
It also has all the +/- of a company that deals in many areas of the securities markets.



To: James Clarke who wrote (10990)7/30/2000 12:18:54 AM
From: Madharry  Read Replies (1) | Respond to of 78523
 
OT- Looks like Reliance is going right down the tubes. Looks like Steinberg is selling all he possibly can-price seems to mean nothing at this point. wonder what's keeping the price at 3/16-s? Amazon isnt faring so well either- the internet queen-meeker has downgraded I think. with a market cap of $10Billion I still think there is lots of room for disappointment.


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